FBP First Bancorp PE ratio, current and historical analysis
The PE ratio for First Bancorp stock stands at 10.66 as of Feb 21, 2025. This is based on the current EPS of $1.82 and the stock price of $19.4 per share. An increase of 3.9% has been seen in the P/E ratio compared to the average of 10.3 of the last 4 quarters.
FBP PE ratio history
Over the last ten years, the average PE ratio of First Bancorp has been 12.44. The current 10.66 PE ratio is 14% below the historical average. Over the past ten years, FBP's PE ratio was at its highest in the Dec 2015 quarter at 32.5, with a price of $3.25 and an EPS of $0.1. The Sep 2015 quarter recorded the bottom point at 2.2, with a price of $3.56 and an EPS of $1.62.
First Bancorp PE ratio by year
Maximum annual increase: 2,248.46% in 2012
Maximum annual decrease: -53.78% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 9.56 | 20.25% | $16.45 | $1.72 |
| 2022 | 7.95 | -23.85% | $12.72 | $1.6 |
| 2021 | 10.44 | -47.9% | $13.78 | $1.32 |
| 2020 | 20.04 | 43.86% | $9.22 | $0.46 |
| 2019 | 13.93 | 48.98% | $10.59 | $0.76 |
| 2018 | 9.35 | -45% | $8.6 | $0.92 |
| 2017 | 17 | 13.18% | $5.1 | $0.3 |
| 2016 | 15.02 | -53.78% | $6.61 | $0.44 |
| 2015 | 32.5 | 945.02% | $3.25 | $0.1 |
| 2014 | 3.11 | N/A | $5.87 | $1.89 |
| 2013 | N/A | N/A | $6.19 | -$0.8 |
| 2012 | 30.53 | 2,248.46% | $4.58 | $0.15 |
| 2011 | 1.3 | N/A | $3.49 | $2.69 |
| 2010 | N/A | N/A | $6.9 | -$10.79 |
| 2009 | N/A | N/A | $34.5 | -$52.22 |
First Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 11.63 | 17% | $21.17 | $1.82 |
| Jun 2024 | 9.94 | 0.3% | $18.29 | $1.84 |
| Mar 2024 | 9.91 | 3.66% | $17.54 | $1.77 |
| Dec 2023 | 9.56 | 17.16% | $16.45 | $1.72 |
| Sep 2023 | 8.16 | 5.56% | $13.46 | $1.65 |
| Jun 2023 | 7.73 | 6.33% | $12.22 | $1.58 |
| Mar 2023 | 7.27 | -8.55% | $11.42 | $1.57 |
| Dec 2022 | 7.95 | -9.97% | $12.72 | $1.6 |
| Sep 2022 | 8.83 | 3.27% | $13.68 | $1.55 |
| Jun 2022 | 8.55 | -4.89% | $12.91 | $1.51 |
| Mar 2022 | 8.99 | -13.89% | $13.12 | $1.46 |
| Dec 2021 | 10.44 | -4.74% | $13.78 | $1.32 |
| Sep 2021 | 10.96 | -10.82% | $13.15 | $1.2 |
| Jun 2021 | 12.29 | -20.3% | $11.92 | $0.97 |
| Mar 2021 | 15.42 | -23.05% | $11.26 | $0.73 |
FBP average PE ratio chart
FBP's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
FBP PE vs peers
FBP's PE ratio is lower than its peer stocks FCNCA and BPOP, but it is greater than OFG's. First Bancorp's current PE ratio of 10.66 is below the average of its peers, which is 13.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OFG Ofg Bancorp | 10.04 | $1.91B |
| FBP First Bancorp | 10.66 | $3.18B |
| FCNCA First Citizens Bancshares Inc | 10.82 | $27.82B |
| BPOP Popular Inc | 13.66 | $7.18B |
| NWBI Northwest Bancshares Inc | 16.54 | $1.6B |
Frequently asked questions
What is First Bancorp's PE ratio?
The price to earnings ratio for FBP stock as of Feb 21, 2025, stands at 10.66.
What is the 3-year average PE ratio for First Bancorp (FBP)?
Over the last 3 years, the average price to earnings ratio for FBP stock is 8.96.
What is the 5-year average PE ratio for First Bancorp (FBP)?
Over the last 5 years, the average price to earnings ratio for FBP stock is 10.65.
What is the highest PE ratio for FBP?
The highest quarterly PE ratio in the last ten years has been 32.5 and it was in the Dec 2015 quarter.
How does the current PE ratio for FBP compare to its historical average?
FBP's current price to earnings ratio is 14% below its 10-year historical average.
How is FBP's PE ratio calculated (First Bancorp PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), First Bancorp's stock price is $19.4. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.82. Therefore, First Bancorp's P/E ratio for today is 10.66. PE RATIO(10.66) = STOCK PRICE($19.4) / TTM EPS($1.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.